BUSINESS
Underwhelming stock market response as Apple unveils its much-anticipated AI strategy
While Apple’s AI driven enhancements will drive an entirely new cycle of hardware upgrades to its iPhones and iPads, the key takeaway is the absence of a killer AI app or even an integrated number of apps that could fundamentally re define Apple as a generative AI leader
BUSINESS
Nvidia Q1 is a solid beat, raised guidance for the next quarter drives stock to all-time highs
Fierce competition among the mega technology companies to build data centres is playing out which will keep demand for NVDA chips very strong for the next several quarters
BUSINESS
Fund flows to EMs, India in particular, can benefit from emerging macro trends
Further data showing stable US economic activity with declining inflation will be supportive of softening bond yields and short-term interest rates and a weakening of the US dollar, all of which are positive for emerging market flows
BUSINESS
Great expectations and earnings misses: poor combo for US e-commerce stocks
US e-commerce stocks are taking a beating by over-promising and under-delivering. They need to take a leaf out of PayPal’s book, by toning down market expectations
BUSINESS
US jobs report for April keeps stock market hopes up for a continued rally
While the bond market’s odds of a rate cut in the third quarter have improved, this can literally change to something very different with a single new future data point
BUSINESS
Tesla’s Model 2 launch expectations cheer investors, but Q1 a disappointment
A part of the positive sentiment in the stock also came from the management’s comments around sustained investments that the company is making in artificial intelligence and in ramping up production of the Cybertruck
